The National Electric Power Regulatory Authority (Nepra) has approved K-Electric to gather an extra charge of Rs0.5794 per unit from power purchasers on their April bills.This increment is because of the month to month fuel charges changes
Read MoreMonth: April 2023
Worst Crisis Fears In Power Sector Owing To Shortage Of Foreign Exchange
The power sector of Pakistan is facing a looming crisis due to a shortage of foreign exchange, as Independent Power Producers (IPPs) are at risk of shutting down their power plants due to non-payment of approximately $710 million. IPPs have written letters to the federal government, highlighting their outstanding payment issues and warning of severe financial loss if their concerns are not addressed.
Read MoreTurkey Aims to Produce Electricity From Domestic Wind Turbines in 2 Years
Intending to domestically produce wind turbines and contribute to Türkiye’s path toward increasing renewables’ share in electricity generation, Kalyon Holding has signed a preliminary agreement with defense giant Aselsan, its Chairperson Cemal Kalyoncu said Thursday.
Read MoreThar Coal Poisoning Water Report
The Thar Coal undertaking’s harmful impacts on the savoring water Thari people group have been affirmed by another report composed by Dr Imprint Chernaik of the Ecological Regulation Collusion Around the world (ELAW).
Read MoreLNG Prices Slightly Decrease for SNGPL SSGCL Consumers OGRA
The Oil and Gas Regulatory Authority (OGRA) on Thursday advised slight change in the costs of imported LNG for end shoppers of the two gas organizations, Sui Northern Gas Pipeline Restricted (SNGPL) and Sui Southern Gas Organization Restricted (SSGC) for April.
Read MoreForeign Oil Gas Firms Leaving Pakistan Selling Their Assets Petroleum Division Secretary
Secretary Oil Division has said that main three unfamiliar organizations are presently working in the oil and gas area in the country, as global organizations are leaving Pakistan and selling their resources. While preparation the NA board, Secretary Oil Division Muhammad Mahmood expressed that because of ceaseless exhaustion of gas supplies establishment of new gas associations wouldn’t be imaginable. The…
Read MorePakistan Cuts Domestic RLNG Price By Up To 6 Cents for April
Pakistan on Thursday reduced the average sale cost of re-gasified melted flammable gas (RLNG) by as much as six pennies month-on-month for April 2023 because of a decrease in worldwide discount gas prices.
Read MoreMOL Group to Invest $23 Million in KP’s Tal Block for E&P Activities
Hungary-based oil and investigation organization MOL has reported $23 million greater interest
Read MoreOGRA Blamed For Off-Spec Iranian LPG Import
OGRA is clearly empowered and Article 6, sub-clause -2 (K) of the OGRA Ordinance 2002 requires it to resolve the dispute between OGRA Licensee companies. Despite reminders by JJVL,
Read MoreFPCCI Predicts a Negative Growth Rate in FY23
Karachi Irfan Iqbal Sheikh, President FPCCI, has highlighted the glaring anomalies in the fiscal discipline; management of external account and economic growth rate; which are being observed by FPCCI despite the harshest contractionary measures being implemented in Pakistan for the past many months on the dictates of IMF. Irfan Iqbal Sheikh stressed that people dealing with the ground realities of…
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